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20121202
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Search Results 0 to 6 of about 7 (some duplicates have been removed)
CNN
Dec 5, 2012 4:00am PST
. america hits that fiscal cliff in 27 days and that means tax hikes and deep spending cuts if the democrats and the republicans can't come together in some kind of a deal and with just ten days remaining until congress is scheduled to go home for the holidays, the clock ticking. here's what he told bloomberg news. listen. >> we're going to have to see the rates on the top 2% go up and we're not going to be able it to get a deal without it. >> we start this morning with white house correspondent dan lothian, he's in washington, d.c. okay. so who's got the ball in their court at this point then, dan? >> well, you know, i think the house gop, they have presented their counteroffer which white house spokesman jay carney is referring to as, quote, magic beans and fairy dust. we expect that house republicans will keep putting pressure on the white house to engage, push for more details on what the white house will accept when it comes to additional entitlement cuts. but i think what's unclear is what kind of negotiating is going on behind the scenes. the white house saying that conversations continue, but house gop aides telling me that there are no conversations as of late yesterday, no emalts being exchang
CNN
Dec 6, 2012 4:00am PST
. and that's the headline. we know that -- we've been talking about the fiscal cliff, in nearly a month, we'll get over it, but really it's nine days, because everybody is supposed to break in just nine days. do you think everybody in congress fully understands just how frustrated and annoyed the american public is on this, seeing everybody go off, you know, to their home states for the weekend while this looms for the rest of us? >> well, certainly when i was home in oregon, i heard about it from everyone and every meeting. there is an expectation that we come together with these big national issues and address them. right now, what we have is a very unspecified proposal from the republicans, just basically saying we'll find revenues somewhere, we'll find -- cut programs somewhere. meanwhile, we'll be very specific about cutting medicare and social security. that's an extremely unacceptable response to the president's initial proposal and quite frankly, it's not acceptable that this game of chicken continue right on down the road. the needs will be very specific in negotiations, if they need to keep them very private and contained for a while, to get the details, so be tit, but action is required. >> the game of chicken is being
CNN
Dec 10, 2012 7:00am EST
behind closed doors. they're trying to work out a deal on the fiscal cliff. does this mean they're going to be on the way? we'll talk to congress members connie and mary mack. they'll weigh in. >>> and nasa finally explaining what those lights over texas were. is it worthy of the "x-files"? >> i love that reference. wind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. (announcer) when subaru owners look in the mirror, they see more than themselves. so we celebrate our year-end with the "share the love" event. get a great deal on a new subaru and 250 dollars goes to your choice of five charities. by the end of this, our fifth year, our total can reach almost 25 million dollars. it's a nice reflection on us all. now through january 2nd. a body at rest
CNN
Dec 3, 2012 4:00am PST
the impending fiscal cliff. talks, though, seem to be at a stalemate. yesterday with just 29 days until tax hikes and deep spending cuts kick in. both republicans and the democrats were running to the airwaves to try to explain their positions. here's what they said. >> what we're not going to do is extend those tax cuts with the wealthiest americans. those cost a trillion dollars over ten years and there's no possibility that we're going to find a way to get our fiscal house in order without those tax rates going back up. >> nobody wants to go over the cliff. that's why the day after the election i tried to speed this process up by making the concession to put revenues on the table. it's unfortunate that the white house has spent three weeks doing basically nothing. >> the administration has presented a plan that calls for $1.6 trillion in new tax revenues. $400 billion in cuts to medicare and other entitlements. $50 billion for a new stimulus and congress would have to give up control over raising the debt limit. republicans have indicated that they want to raise revenue by lowe
CNN
Dec 7, 2012 4:00am PST
two men to try to keep america from going over the fiscal cliff. 25 days and counting from the massive tax hikes and spending cuts. congress breaking in a week for the holiday. so john boehner trying to simplify things. he's asking top democrats and republica republicans to step aside so he can negotiate with the president one-on-one. it seems to be a request that everyone was able to live with. brianna keilar is live for us at the white house. if this is the case that everybody has been cleared out of the room, does that surprise you? it seems to make sense to me. >> reporter: it's not surprising at all. this is what observers of this process thought would happen all along. ultimately this was a process that would come down to president obama and house speaker john boehner brokering a deal. very much the way you saw they attempted to do during the debt ceiling debacle last year. it simplifies the problem of less cooks in the kitchen. then they will have to sell it. president obama would have to bring in democrats. john boehner would have to bring in his republicans and make sure everyone is on board. this comes on the heels of wha
Search Results 0 to 6 of about 7 (some duplicates have been removed)